SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : New Era of Networks (NEON)
NEON 2.125-2.5%3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Robert Scott who wrote ()11/5/1999 11:01:00 AM
From: michael macchietto  Read Replies (2) of 1222
 
POSSIBLE PARTNERSHIP WITH BEA SYSTEMS!!

News is being heard that NEON might form another strategic alliance. This time with BEA Systems. This, in analysts eyes would only strengthen NEON's future product sales and earnings, just as the alliance with Broadvision will also do.
Yesterday, NEON received another rating/price target increase. Soundview Technolgy Group raised it's rating on NEON from Buy to Strong Buy as well as increased it's price target to $52 from $35. The combination of these two factors allowed NEON to Surge $7 7/8 to close at $43 5/16. Tibco Software Inc., and T.S.I. International Software Ltd., both rivals of NEON rose $11 3/8 to $70 3/8 and $1 13/16 to $32 1/8 respectively. There is a growing realization that this area of internet infrastructure is essential for businesses to survive and grow in today's technology driven environment(B2B and B2C). This market segment is just beginning to get the recognition it deserves. Future demand for these type of software products are expected to rapidly increase. Those that are positioned well with their product offerings will fair quite well.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext